This booklet provides comprehensive and concise definitions of threat pooling and risk-pooling equipment, a straightforward statistical clarification, and a value-chain orientated framework for interpreting risk-pooling methods. Risk pooling mitigates call for and lead time uncertainty in logistics and provide chain management. The writer additionally provides readers with a downloadable automatic choice aid software to check and select acceptable risk-pooling tools and to follow them in companies. Students and practitioners of logistics and provide chain management will locate this publication quite useful.
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Additional info for Risk-Pooling Essentials: Reducing Demand and Lead Time Uncertainty (SpringerBriefs in Business)
109). one hundred fifteen Alisch et al. (2004, p. 3454). 116 Thonemann (2005, pp. 255f. ). 117 Caron and Marchet (1996, p. 239), Pfohl (2004a, p. 114), Thonemann (2005, pp. 255f. ), Chopra and Meindl (2007, p. 306). 118 Thonemann (2005, pp. 255f. ). 119 Thonemann (2005, p. 257). a hundred and twenty Zinn et al. (1989, p. 4). 121 Thonemann (2005, p. 238). 122 Korovessi and Linninger (2006, pp. 489f. ). 123 Gaukler (2007). 124 Cf. e. g. Thonemann (2005, p. 220), Cachon and Terwiesch (2009, p. 235). 114 2. three Explaining possibility Pooling 17 the place the z stands for the protection issue that's in step with a undeniable aim provider point. for this reason, the final safeguard inventory of all destinations is125 n (2. 2) σi . ss = z i=1 If all stock is carried at one place, this place has to satisfy the complete demand126 n (2. three) xi . x= i=1 the person calls for are aggregated throughout all destinations. defense inventory within the centralized process is127 ssc = zσa , (2. four) where128 n n n (σi )2 + 2 σa = (2. five) σi σj ρij i=1 i